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No one is forcing anyone to buy these coins. Caveat Emptor! 

Well the 400 staff and huge investment demonstrates the reasons for the failue - HSBC should have started small and failed fast..... they should have NOT used legacy systems - they should have bought new/cloud agnostic/multi currency core software for a relatively low cost -  and then built around that and modified it to make it different -  i guess the answer lies in this sentence here 

Hmmm - I already have Biometric payment authentication - have had it for years..... May be useful in the USA - not sure about internationally....  Be good to know what problem this is solving? 

If it IS fraud reduction thats a good thing, its taken the USA a few decades to wake up to the size of its card fraud problem.  

It may be me - but i have NO idea what this article is all about.......  I will post anonymously as i dont want to appear as thick as two short planks..... but surely referencing a COP summit nearly 10 years ago is a bit dated.   OF COURSE  all right minded human beings believe in Biodiversity.... its a good thing.....  but over time species have come, and species have gone. 

On a bright note-  the Global Warming Policy Foundation stated (on 27th Feb 2024) that Polar bear numbers have increased to 32,000 in 2023. from a low of 12,000 bears in the 1960's. 

This is wonderful news for Polar bears......  not such great news for Seals on the Ice,  but i understand that Penguins are totally OK with this dramatic increase in Polar predator numbers. Thank you professor Susan Crockford for this reassuring news

There are a. number of excellent real time Core banking, with cards and payment module providers, such as Tuum, that can deliver all of the services needed to meet and continue to exceed these SEPA and requirements, including the support of Payment providers that can deliver the IPR requirement.....    its a bit late for us to support banks if we start today (checks watch) on 9th January.  Happy new year Finextra :-) 

Hi Hamish, well said and a very comprehensive list indeed. Point 9, Scalability could also be titled Scalability & Portability, as we are increasingly seeing requirements that will demand any  'global/centralised' solution  to support local instances. These increasingly need to be 'parachuted' into domestic markets to meet GDPR and PII requirements.   At this level, cloud agnostic systems start to look very interesting as not all clouds are equal in all countries!    

Great to see banks taking a role here - I note that LHV bank  have about 200 fintechs on their platform.      Demonstrates the power of a bank to provide the Oxygen that fintechs need to thrive and expand

Kier Starmer is politically exposed, but not in the traditional 'Financial Services' sense of the phrase. :-) 

We are in an interglacial period - the world is warming and ice caps are melting as they have done before - and David Lammy thinks he can stop that happening.  Bit like King Canute! 

I used to think this way.... have thought this way for years......   and like Mobile payment growth, being confidently predicted by Juniper research for MANY years before take-off, I see the A2A boom taking much longer than predicted.....     the vast majority of transactions dont need to be A2A,   they need time for security checks to protect the payor and payee and consumers understand this.  Will i get a discount for immediate payment?  Will the discount be worth the risk?  time will tell -  hope to prompt some debate?